Calculate current stock price

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Question: Ezdan Company Just paid a dividend of $12.50 per share on its stock. The dividends are expected to grow at a constant rate of 5% per year, indefinitely. If investors require a 9% return on Ezdan stock. Calculate current stock price. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131792734

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